Solana Draws Institutions With $50 Million On-Chain Bond and Upcoming XRP Integration

Solana is gaining more attention from institutional players as a $50 million tokenized commercial paper issuance and a planned XRP integration highlight its growing role in tokenized finance. The bond deal arranged for Galaxy Digital on Solana and the introduction of wrapped XRP via Hex Trust and LayerZero aim to expand liquidity and real-world asset activity on the network. At the same time, some market observers suggest these developments could support Solana's long-term positioning against other major blockchains.